Smart Plantation Management Systems Market

Smart Plantation Management Systems Market Insights

Smart plantation management systems are a series of technologies used to analyze crops for better productivity. These methodologies help farmers in examining soil moisture, nutrient content, temperature, and crop health. Though COVID19 has impacted the agricultural vertical concerning the production aspect, sales, and supplies were increasing steadily during the lockdown period due to the increase in demand by end-users which has led to inflation. But it is predicted to receive relaxation from the pandemic and is analyzed to grow in the forecast period with the assistance of wondrous constituents.

While one of the major difficulties about the global market is the need for a continuous supply of internet and education to rural farmers regarding advanced technologies, yet swift adaptation towards plantation intelligence (PI), demand by end-users, and reduction in manpower requirement are the primary strikers of the market.

Smart Plantation Management Systems Market: By Type

Harvesting systems plant growth monitoring systems, irrigation systems are the various types witnessed in the global market. Irrigation systems will be the largest revenue contributor in the market. Irrigation systems are defined as the supply of water through canals, pipes, and ditches. There are three types of irrigation systems such as surface irrigation, sprinkler systems, and micro/macro irrigation systems. One of the significant risers aiding the market in countries like India is increasing funding from the government to improve agriculture support.

Smart Plantation Management Systems Market: By Type of Crop

The market segmentation can be seen as oilseeds, coffee, sugarcane, fruits, cotton when the type of crops is concerned. The fruits market will grow faster than coffee, oilseeds, cane, etc. Healthy dietary changes due to constant obliging to increase immunity are the primary factor influencing the global smart plantation management systems market.

Smart Plantation Management Systems Market: By Type of Component

The market segmentation based on components is hardware and software out of which hardware will be dominant. The hardware elements related to smart plantation management systems consist of sensors, GPS, controllers, and meters, valves, and switches. These tools are deployed to analyze real-time data and familiarize the farmers with their crop situation. An increase in the usage of modern technologies for greater enforcement is one of the prominent accelerators of the global market.

Smart Plantation Management Systems Market: By Region

Considering the rapidly growing economy of the North American region, the market for them is the highest, but the market for Asia-Pacific will be growing the fastest owing to increment in rural population, abundance accessibility to fertile lands, and increase in research and development activities in agriculture.

Smart Plantation Management Systems Market Share and Competitor Analysis

Robert Bosch, Deere & Company, SemiosBio Technologies, Synelixis Solutions, WaterBit, Phytech, Rivulis, AgroWebLab Co. Ltd., Tevatronics, Netafim, Jain Irrigation Systems, AquaSpy, and Hidrosoph are some of the companies in the market.

Please note: This is not an exhaustive list of companies profiled in the report.

In April 2019, DTN collaborated with Decisive Farming, so that farmers can make the complete solution from both these companies and make better decisions for their produce.

In June 2019, DTN acquired PraxSoft, to support the company to produce accurate data by utilizing sensors and communication technology.